Wolves chairman Geoff Shea has publicly backed manager Gary O'Neill, stating that the club are “united” in backing the manager under pressure.
The Midlands team is ranked 19th in the English Premier League after winning only two out of 15 league matches this season and losing each of the last three matches to Bournemouth, Everton and West Ham.
Monday's 2-1 loss at the London Stadium led many to assume the worst for O'Neill as fans began to turn on the 41-year-old, but Shea insists club chiefs still back him.
Writing in his column for Express and StarHe said: “I don’t need to inform the fans about what happened next in the summer of 2023, they all know that.
“But because of that, Gary O’Neill and Wolves met their fate at an unexpected moment, and I remain grateful to Gary for stepping into such a difficult situation just days before the start of the new season, and for his commitment to the team.” Club every day since.
“While he knows that rapidly improving our results is essential for everyone associated with the football club, we are united in his support as we all strive to make that progress.
“Even in what I believe is Wolves' best decade in half a century, difficult moments are inevitable. Success doesn't mean avoiding challenges; it's about how we respond to them.”
Wolverhampton Fosun's ownership group has also been criticized by fans following the sale of key stars such as Ruben Neves, Matthews Nunes and Max Kilman and a lack of reinvestment in the team.
But Shi jumped to the defense of the club's hierarchy, insisting that Fosun's ownership coincided with one of the most successful ownerships in the club's history.
He added: “I firmly believe that we are going through one of the most competitive and successful periods in the club’s history.
“Over the past nine years, since ownership of Fosun began in 2016, Wolves have seen amazing highs and suffered incredible lows.
“Throughout this time, success or failure has never been about one individual – it has always been about the group.
“Football is, at its core, a team sport, and this principle extends far beyond the pitch. The owners are part of the team, of course, and so are the fans. It makes no sense to attribute victories only to those on the pitch, or to place frustration entirely on Those who work behind the scenes, or vice versa.
“We share success and challenges equally. Business sense plays a key role in all our decisions, as our strategy and operations are constantly evolving to adapt to the ever-changing football industry and global landscape.
